document.write( "Question 1165514: I have an employee whose current gross pay is $ 115,000 USD/yr. I need to increase his gross pay on a regular basis so that over the course of 18 months he reaches a gross pay of $ 150,000 USD/yr. Payroll is bi-weekly. How do I achieve this?\r
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document.write( "If I increase his gross payroll by $ 1,950 USD/mo (which is (150,000-115,000)/18 mo), his gross pay increases by approximately $75 USD/pay period and the sum of the total paid out over 18 months is much greater than 150,000 \n" );
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Algebra.Com's Answer #790136 by MathTherapy(10551)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "I have an employee whose current gross pay is $ 115,000 USD/yr. I need to increase his gross pay on a regular basis so that over the course of 18 months he reaches a gross pay of $ 150,000 USD/yr. Payroll is bi-weekly. How do I achieve this?\r \n" ); document.write( "\n" ); document.write( "If I increase his gross payroll by $ 1,950 USD/mo (which is (150,000-115,000)/18 mo), his gross pay increases by approximately $75 USD/pay period and the sum of the total paid out over 18 months is much greater than 150,000 \n" ); document.write( " If I understand you clearly, you wish to increase his gross, over 18 months, or 36 BI-WEEKLY periods.\n" ); document.write( " |